Toshiba Hands The Keys To Its Memory Business To Bain-Led Consortium

[kcarbotte]

Toshiba Corporation today announced that regulators approved the sale of its memory business, Toshiba Memory Corporation, to a consortium led by Bain Capital Private Equity LP. The deal closed early today.

Toshiba Hands The Keys To Its Memory Business To Bain-Led Consortium : Read more

 

[mlee 2500]

...who will proceed to load the company up with as much debt as possible and then part it out.

 

[sykozis]

...who will proceed to load the company up with as much debt as possible and then part it out.

That's what Bain Capital usually does... Why would this be any different?

 

[fredfinks]

some lizard sounding guy from Bain said greed is good